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LCO:5 Product A has standard rates of $3 per pound and $8 per hour. The standard quantities for 1 unit of Product A include 4

LCO:5 Product A has standard rates of $3 per pound and $8 per hour. The standard quantities for 1 unit of Product A include 4 pounds of materials and 2 labor hours. The standard overhead rate is $7 per direct labor hour. What is the total standard cost of Product A?

$18.00

$28.00

$42.00

$30.00

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